Finance committee  The cash content depends on the fund you're talking about, but it's usually in the portion of 40%, which is above the reserve requirement of 20%, and usually represents the successful divestments we've made. We've had two successful divestments in the last year for over $176 mill

Finance committee  No. If someone, an entrepreneur, applies for funding from us.... Remember, we're not a lender; we're an equity investor. If we look at 100 business plans, on average, 90 would be reviewed and turned down within two weeks. And we try to do it in a manner that gives them another pa

Finance committee  Do you mean the Solidarity Fund? No.

Finance committee  It's run completely independently in that province.

Finance committee  They have different rules in Quebec. They are able to invest a small percentage of capital outside the province of Quebec, and as a matter of fact, outside of Canada.

Finance committee  No. First, the study by the Fraser Institute was not a study. The report by the Fraser Institute was based on some research that was done by two Ontario professors, Cumming and MacIntosh, six years ago. The data has not been updated. They compared returns from American venture c

Finance committee  Thank you very much, Mr. Chair. It's a pleasure to present to the committee. I'd like to thank the committee for its support on the same issue we raised last year. GrowthWorks Capital is the second-largest manager of retail venture capital funds outside the province of Quebec i